Despite the current downward trend in freight rates in the container shipping market, its profitability potential still attracts new players. According to the latest news from One Shipping, a new shipping company called "STF Shipping" recently announced its entry into this field and launched five Sino-Russian Far East routes at one time.
It is reported that STF Shipping was incorporated in Hong Kong in December 2023, although it has been established for less than a year, the owner behind it is Yu Pengsen, a Chinese citizen. The company describes itself as a young and dynamic company focused on providing port-to-port services to China, Korea, Japan, Southeast Asia and the Far East.
Although STF Shipping is registered in Hong Kong, it is headquartered in Shanghai and has branches in Ningbo, Seoul, Vladivostok and Nakhodka. The STF in the company's name stands for Safety, Timeliness and Flexibility, reflecting its core values.
Currently, STF Shipping operates a fleet of six feeder container vessels with a capacity of between 1100-2200TEU. These vessels include the Xin Hua Yuan (1288TEU), the Xin Long Yun 89 (1744TEU), the Xin Long Yun 88 (1118TEU), the Mao Gang Quan Zhou (2206TEU), the Mao Gang Guang Zhou (2206TEU) and the Xin Long Yun 16. Xin Long Yun 16”（1118TEU）。
The launch of five China-Russia Far East routes marks the official debut of STF Shipping in the container shipping market and demonstrates its determination and strength to actively explore new markets.